Shoplifting has become an “epidemic” in the past year, according to the boss of John Lewis, Dame Sharon White.
She told the BBC’s Today programme the retailer had seen offences double over the past 12 months.
Read the full article on the BBC website
NAM Implications:
- For real perspective:
- If a consumer steals a £5 can from a retailer that makes a 2% net margin…
- …the retailer has to sell an incremental £250 to make up the loss.
- See the NamNews Shrink editorial
